iShares U.S. Transportation ETF (BATS:IYT) Hits New 52-Week Low at $64.44

iShares U.S. Transportation ETF (BATS:IYT) shares reached a new 52-week low on Monday . The stock traded as low as $64.44 and last traded at $64.80, with a volume of 311186 shares. The stock had previously closed at $65.43.

iShares U.S. Transportation ETF Price Performance

The company’s 50-day moving average price is $64.85 and its two-hundred day moving average price is $66.57. The company has a market capitalization of $888.07 million, a price-to-earnings ratio of 4.53 and a beta of 1.11.

Institutional Investors Weigh In On iShares U.S. Transportation ETF

Several large investors have recently modified their holdings of IYT. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Transportation ETF by 29.6% during the third quarter. PNC Financial Services Group Inc. now owns 657 shares of the exchange traded fund’s stock worth $154,000 after buying an additional 150 shares during the period. Qube Research & Technologies Ltd acquired a new stake in iShares U.S. Transportation ETF in the third quarter worth $1,976,000. GSA Capital Partners LLP grew its holdings in iShares U.S. Transportation ETF by 175.7% in the third quarter. GSA Capital Partners LLP now owns 15,048 shares of the exchange traded fund’s stock worth $3,518,000 after purchasing an additional 9,589 shares during the period. EP Wealth Advisors LLC acquired a new stake in iShares U.S. Transportation ETF in the third quarter worth $123,000. Finally, Modera Wealth Management LLC acquired a new stake in iShares U.S. Transportation ETF in the third quarter worth $40,346,000.

About iShares U.S. Transportation ETF

iShares Transportation Average ETF (the Fund), formerly iShares Dow Jones Transportation Average Index Fund, is an exchange-traded fund (ETF). The Fund seek investment results that correspond generally to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index.